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11Amendment of Bills of Exchange Act 1882 as respects countermanded cheques
In the [1882 c. 61.] Bills of Exchange Act 1882—
(a)at the beginning of section 53(2) (which provides as to the effect of presentment of a bill of exchange) there shall be inserted the words " Subject to section 75A of this Act, "; and
(b)after section 75 there shall be inserted the following section—
“75A(1)On the countermand of payment of a cheque, the banker shall be treated as having no funds available for the payment of the cheque.
(2)This section applies to Scotland only.”.
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